August 2024

Bitter Legal Dispute Between Keller Williams, Former CEO Goes to Arbitration

The real estate industry’s litigation list is down by one as the courtroom squabbles between Keller Williams and former CEO John Davis are slated to reach an arguably anticlimactic resolution outside the courtroom. Given a choice between a pair of motions filed by Keller Williams that would decide the fate of the acrimonious legal saga,… The post Bitter Legal Dispute Between Keller Williams, Former CEO...

Mortgage Applications Little Change, Small Increase

Mortgage applications increased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Applications Survey for the week ending August 16, 2024. This is a slight reverse from last week’s 10.1% drop, as experts feel homeowners remain on the fence waiting for more mortgage rate changes. This week’s data: The… The post Mortgage Applications Little Change,...

Award-Winning Massachusetts Brokerage Joins the CENTURY 21 Brand

Century 21 Real Estate is expanding the brand’s presence in Southern Massachusetts with its latest affiliation: Custom Home Realty with offices in Mendon and Framingham.  The dual office brokerage was originally founded in late 2017 by broker/owners Deborah Flanagan and Naomi Vogt.  Together, the duo have guided their company to become one of the premier… The post Award-Winning Massachusetts...

Meet the Southeast Region Real Estate 2024 Rookie of the Year Finalists

RISMedia recently announced the Top 25 regional Rookie of the Year finalists for 2024. The third annual Rookie of the Year program, sponsored by Colibri Real Estate, is designed to honor real estate agents who are new to the business, yet already achieving extraordinary results. Here, we spotlight the five regional finalists from the Southeast.… The post Meet the Southeast Region Real Estate 2024 Rookie...

Social Skills: The Basics of Boosting Your Posts

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. The most effective way to implement social media to grow your business is to branch out into ads across your platforms.  The perfect social media strategy not only… The post Social Skills: The Basics of Boosting Your Posts...

Home Price Growth Continues to Slow, but Experts Are Hopeful

Home prices again appreciated year-over-year, although the rate continues to slow monthly, pointing again toward a normalization of the market through the coming months and in 2025. The S&P CoreLogic Case-Shiller Home Price Index for June 2024 saw a 5.4% annual gain in home prices, down from the 5.9% annual gain last month. The 10-City… The post Home Price Growth Continues to Slow, but Experts Are...

Consumer Confidence Up Slightly in August Due to Economy and Inflation

The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1.  The Expectations… The post Consumer...

Homeowners’ Tappable Equity Reaches Jaw-Dropping High of $17.6T in Q2 2024

While the pace of home-price growth has slowed, homeowners with a mortgage saw their tappable equity soar to an all-new record high through the second quarter of 2024, according to the August 2024 ICE Mortgage Monitor Report. Tappable equity, the amount homeowners can access while keeping a 20% equity cushion, reached a new peak of… The post Homeowners’ Tappable Equity Reaches Jaw-Dropping High of...

8 Agents File ‘Fake-Leads’ Civil Action Against Move, Inc.

A group of eight REALTORS® from various states, all represented by the same California attorney, filed a lawsuit on Aug. 23 in Los Angeles Superior Court, accusing Move, Inc., the National Association of REALTORS® (NAR) and Move parent company News Corp subsidiaries such as real estate lead generation technology platform Opcity of seven charges, centering… The post 8 Agents File ‘Fake-Leads’ Civil...

NorCal Team Leader Scooped Up Early Success

Above, Trish McCall. Shown below, additional McCall team members. Photo credit: Ashley Gomez of Digital Twinners As a traveling sales rep some 25 years ago, Trish McCall was logging 1,000 miles a week when she listed her Northern California home for sale. “I had a fabulous agent,” McCall said. “She did a great job for… The post NorCal Team Leader Scooped Up Early Success appeared first on...

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